Shaw didn't have enough capital to continue operating, and foreign ownership restrictions prevented them from raising more. The government decided that Rogers buying Shaw was a better outcome than Shaw going out of business
They could also have just eliminated our archaic foreign ownership laws. I am surprised this hasn’t come up in trade negotiations. If we want improved productivity then we desperately need competition. If we don’t get serious about this then we’ll continue to languish economically as a nation.
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They could also have just eliminated our archaic foreign ownership laws. I am surprised this hasn’t come up in trade negotiations. If we want improved productivity then we desperately need competition. If we don’t get serious about this then we’ll continue to languish economically as a nation.
Right, that would have been my preferred solution. But for unfortunately that's not something the current government is inclined to consider.